Just a thought, food and other items gets to stores by trucks, so if fuel prices go up so does food.
It seems like were getting it put to us in more than one way.
Jason and DCreed
Thanks for posting your link on my diesel prices. I assume (yes I know)that i can use both that link and the petition link to post on the other diesel sites. The quicker this is spread the quicker we may see some relief. I am also going to send the petition to Obama and Clinton. With them neck and neck they MAY want to use it as an advantage.
Fred
Jason and DCreed
Thanks for posting your link on my diesel prices. I assume (yes I know)that i can use both that link and the petition link to post on the other diesel sites. The quicker this is spread the quicker we may see some relief. I am also going to send the petition to Obama and Clinton. With them neck and neck they MAY want to use it as an advantage.
Fred
I have read that the reason gas prices haven't caught up with diesel and stayed lower is because this is a election year. But then this all started with the introduction of LSD and has escalated from there.
ABSOLUTELY!
As has been pointed out, some like me are retired, and have far greater control as to our driving and fuel expense - but even so, rising costs of energy hit us ALL, if not directly at the pump, then at retail stores as cost of groceries and all other goods increase.
NO one gets a "free ride"...
Some metioned about using bio. Thats a good idea if its available.
Id like to use it but I dont have the space at home to setup making my own.
CALGARY 07/15/06 (CP) — The world's oil suppliers have lost control of the markets, ceding that power to traders and giving rise to greater volatility in crude prices, U. S. Energy Secretary Samuel Bodman said Friday.
... "This is the first time in my professional lifetime that the suppliers of oil in the world have really lost control of the markets," Bodman said during a two-day trip to Western Canada where he toured the rapidly developing oilsands region in northern Alberta.
"They are unable to turn the spigot and increase supplies, and therefore are unable to control oil prices. "
Does OPEC Set Crude Oil Prices?
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Frequently asked questions
One of the most common misconceptions about OPEC is that the Organization is responsible for setting crude oil prices. Although OPEC did in fact set crude oil prices from the early 1970s to the mid-1980s, this is no longer the case. It is true that OPEC's Member Countries do voluntary restrain their crude oil production in order to stabilize the oil market and avoid harmful and unnecessary price fluctuations, but this is not the same thing as setting prices.
In today's complex global markets, the price of crude oil is set by movements on the three major international petroleum exchanges, all of which have their own Web sites featuring information about oil prices. They are the New York Mercantile Exchange (NYMEX, NYMEX.com), the International Petroleum Exchange in London (IPE, ipe. uk.com) and the Singapore International Monetary Exchange (SIMEX, SGX - Singapore Exchange Ltd. ).
The Web sites of the Paris-based International Energy Agency (IEA, International Energy Agency) and the US Energy Information Administration (EIA, Energy Information Administration - EIA - Official Energy Statistics from the U. S. Government), also have extensive historical information on oil prices.
In previous magazines, the TDR has shown how diesel closely tracks the price of crude. But, like those who have posted, I remained bewildered by the current price disparity (diesel vs. gasoline). But now at 60 cents per gallon, the 20% price premium is starting to negate the Diesel engine's inherent 35% mechanical advantage.
What gives?
Have you read Car and Driver's April '08 magazine and the Steering Column editorial by Csaba Csere?
Just last night I had the opportunity to do so. It clearly explains the easy-to-understand mess. I urge you to pick up a copy at the newsstand today.
Reading the article will take the emotional edge away and leave you wondering about this Country's (lack of) energy policy.
NIMBY (Not In My Back Yard) kind of explains it all. What politican would (will) have the guts to buck it?
I'll be pulling some information together in summary to post within the next day, but if you get a chance to read that article, I recommend you do. It is enlightening.
Robert Patton
Editor, TDR